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targeting bank management and, to a lesser extent, penalties mitigate moral hazard. Weak interventions, such as warnings, do not …
Persistent link: https://www.econbiz.de/10012989226
affect the likelihood and the timing of bank recovery. Severe regulatory measures increase both the likelihood of recovery … conditions also matter for bank recovery. Hence, concerted micro- and macro-prudential policies are key to facilitate distressed … bank recovery …
Persistent link: https://www.econbiz.de/10012989250
Recent developments on international financial markets have called the benefits of bank globalization into question … necessarily made banks less risky. Yet, surprisingly little is known about the actual link between bank internationalization, bank … countries tends to increase bank risk. Fourth, the impact of internationalization differs across banks from different banking …
Persistent link: https://www.econbiz.de/10012989242
The Italian and German banking systems shared similar characteristics early in the 1990s but have evolved in different directions since then: Italy privatized its publicly-owned banks while Germany has maintained a large share of state-owned savings banks. Contemporaneously, banks in both...
Persistent link: https://www.econbiz.de/10012989262
multiple technology regimes and group membership probabilities. The latter are conditioned on six bank traits of German banks …) je Bank in Abhängigkeit von sechs individuellen Charakteristika. Für jede Technologiegruppe leiten wir Wettbewerbsma?e ab …
Persistent link: https://www.econbiz.de/10012989271
We test whether output growth in European economic agglomeration regions depends on financial development. To this end we suggest a relative measure of the quality of financial institutions rather than the usual quantity proxy of financial development. In order to measure the quality of...
Persistent link: https://www.econbiz.de/10012989291
Efficiency is considered a key factor when evaluating a bank's performance. Moreover, efficiency enhancement is an … the expense of deteriorating bank profits and excessive risk-taking. Both the quantitative effects and dynamic reactions …
Persistent link: https://www.econbiz.de/10012989300
Persistent link: https://www.econbiz.de/10012989303
With this paper we seek to contribute to the literature on the relation between finance and growth. We argue that most studies in the field fail to measure the quality of financial intermediation but rather resort to using proxies on the size of financial systems. Moreover, cross-country...
Persistent link: https://www.econbiz.de/10012989310
Persistent link: https://www.econbiz.de/10012989312